AF7 (Pension Transfers) Pre-exam Training, Thursday 28th January 2021 - online distance learning event

Thursday, 28 January 2021
9:30 am – 4:30 pm (UK time)

AF7 (Pension Transfers) Pre Exam Training, Thursday 28th January 2021

The Personal Finance Society Hants & Dorset, Surrey and Thames Valley Regional Committees in association with the Insurance Institutes of Bournemouth, Guildford, Reading and Southampton have organised a training day for those members who are studying for and taking the AF7 examination.

The cost of the day’s training will be £95 for PFS members and £105 for non-PFS members. Your attendance will be confirmed once you have booked online. There is a maximum of 16 attendees. If we are oversubscribed, you will be placed on a waiting list.

The day will commence at 0930 sharp and finish by 1630, with breaks timetabled for lunch etc throughout the day.

Due to the COVID-19 Pandemic, the Regional Committees have suspended all Face to Face events for 2021 and this event will be run as an Online Distance Learning event.

The AF7 preparation day aims to increase your chances of passing the exam.

Overall objective

To significantly improve delegates’ chances of passing the exam by revising the key technical points that are likely to be tested.

By the end of the event delegates will able to:

  • understand the background to pension transfers both from money purchase and final salary arrangements

  • describe a DB scheme’s main features including the benefits paid at normal, early and late retirement, ill health pension and on death

  • describe the member options with an uncrystallised money purchase fund

  • understand the options available to someone who has left a DB scheme’s sponsoring employment

  • understand how a Cash Equivalent Transfer Value (CETV), is calculated, the assumptions behind the calculation and how changes in these will affect the CETV

  • understand the main principles in advising clients considering transferring their DB rights to flexible benefits

  • understand the factors that must be taken into account to ensure that advice is appropriate

  • Understand the factors in ensuring that income in drawdown will be sustainable

  • know the FCA’s current thinking on DB transfers and the compliance issues in giving advice on DB transfers

Our 2021 online revision programme is being co-ordinated by Dean Scott and L&D Digital Solutions. The course trainer is John Trayner FCII FPFS, a CII approved trainer, who has supported the Personal Finance Society Hants and Dorset Region’s exam revision programme since 2018.

Any questions please email the Hants and Dorset PFS Regional Committee on

Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of Southampton, which is acting as the host institute for this event.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

6 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at